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FOX News
Dec 31, 2012 12:00pm PST
neither could stand to go over the fiscal cliff, the tax cliff but that is giving of money, medicare fix, an alternative minimum tax patch, and more unemployment insurance checks, that is spending. but the cuts that puts such a didn't in our military capability has not been dealt with, that is a problem to try to get votes for on the republican side and a problem for long term because it is another band-aid for weeks or months to come. >>trace: and pie in the sky, say for some reason they come to terms on the draconian spending cuts, militarily and domestically, what about the taxes? mcconnell says they have come to term on the taxes, but is that sellable to speaker boehner's republican house members? >>reporter: it depends on what speaker boehner himself supports. if boehner comes to the conference and says i think this is a bad deal, they will vote against it. and he probably will not bring it to the floor. if the not puts out a deal with mcconnell's pleasing that speaker boehner sees as too reasonable to town -- turn down and he says to the members do you not have to vote but i will, he will get a good majority of his leadership team which is more than 120 people, with committee assignments no
FOX News
Dec 27, 2012 12:00pm PST
you. >>> well, more now on the back and forth battle in d.c. to avoid the looming fiscal cliff. with five days until major spending cuts kick in and taxes go up on everybody, the white house says president obama made separate phone calls to the senate leaders, harry reid, and john boehner. that was last night before the president took air force one from hawaii to washington. molly is live for us at the white house. update us on the next move from the obama administration. >> despite the phone calls that the president made before he left hawaii, he spoke to top democrats and republicans and no negotiation meetings have been set. at least not formally or public limit there's nothing set yet between all the sides to discuss this. the president's back in washington after he cut short vacation to get back to the white house for possible last minute fiscal cliff talks leaving his wife and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the e
FOX News
Dec 26, 2012 12:00pm PST
, the president cutting his holiday vacation short to try to hammer out a deal on the fiscal cliff. where do we stand with six days to go? that's all ahead unless breaking news changes everything on "studio b." first from fox at 3:00, winter weather threatening to cause travel problems for people getting home after the holidays. some states dealing with snow, thunderstorms and tornadoes. check out this twister that touched down in mobile, alabama last night. >> oh my god, look. that's a tornado. oh, wow. oh, jesus, look at that tornado. >> nearly three dozen reported tornadoes trashing texas, louisiana, mississippi and alabama. according to the national weather service, new tornado warnings are in effect for the carolinas at the same time a winter weather system cut power to nearly 200,000 homes and businesses in the south. >> our electricity went out at our house and we're trying to get our generator started. we came to get gas for the generator. >> "the associated press" reports the storm has killed six people across the nation's midsection and moving north and east toward new en
FOX News
Dec 28, 2012 12:00pm PST
could determine whether or not our nation plunges right off the fiscal cliff. take a live look at the white house where president obama called the top house and senate leaders from both parties to try and hammer out a deal avoiding the tax hikes and crippling spending cuts. remember analysts say falling off the fiscal cliff could drive the u.s. into another recession. more than a month has passed since the last time they got together. the obama administration called that mid another meeting constructive but there has been little to no progress. today lawmakers on both sides of the aisle tried to strike an optimistic tone. >> millions of americans are out there struggling and certainly they deserve a congress that will avoid going over the fiscal cliff, which is why the president has been working hard to bring leaders together. >> we can't continue to kick the can down the road with half measures. i think the market will respond in a permanent and negative way to our inaction. >> the chairman of the senate finance committee says it comes down to this meeting adding i wish them luck. it would be a great new year's present for the country. ed henry, how pivot the is the meeting? >> we're on the verge of the biggest tax increase since world war ii. that's how big it
Search Results 0 to 3 of about 4